The move is under consideration for a number of reasons, including the plan to make Times Square more pedestrian friendly and the narrowness of Broadway.

“We are certainly very concerned,” Tim Tompkins, the president of the Times Square Alliance told Crain's. “But we understand that the city has not yet made a decision.”

Normally the parade starts on Central Park West near the American Museum of Natural History and then travels south to Columbus Circle. From there, it turns onto Broadway, traveling south until it reaches Herald Square, where it turns west onto 34th Street. The official end of the route is at 7th Avenue.